How it can work

• Local equity participation has to be at least 51%.
• Profit and loss distribution can be mutually agreed upon.
• So you can hold 49% equity and yet be eligible for a higher share of profits.

Of course, you are eligible for the other benefits of doing business in UAE/Dubai:

• No personal income and capital taxes
• No corporate taxation
• 100% repatriation of capital and profits
• No currency restrictions
• Competitive import duties (5% with many exemptions).
• Abundant and inexpensive energy supply
• Simple staff recruitment procedures
• Competitive freight charges.

HLB Hamt will work with you to handle your joint venture setup in UAE from start to finish.

HLB Hamt will assist you in every step of your joint venture setup. We initiate dialogue and contacts with potential partners, set strategic direction, work with you on your business plan, and also handle paperwork and documentation formalities.

With HLB Hamt, you get the combination of our deep local knowledge and extensive experience, which gives us the ability to precisely understand the unique needs of your business. We are thus able to recommend the best possible options and ensure that your business is up and running with minimal hassles and effort.

We handle the details for you, so you’re free to concentrate on the bigger picture – your business.

To request a preliminary consultation about setting up a joint venture in UAE, please write to us by filling in the form alongside.